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$GT said it commenced a public offering of $1 billion aggregate principal amount of 8-year senior notes. $GT intends to use the net proceeds from this offering, together with current cash and cash equivalents, to redeem in full its $1Bil in principal amount of 8.25% senior notes due 2020.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.